Excel Section 3 For the next question, read the following scenario and make the respective calculations in Excel using Solver. A tech company called “CloudOptima” provides cloud storage solutions for both small businesses and large enterprises. The company has two different subscription packages: Package A: Designed for small businesses, offering a basic set of cloud storage and data management features. Each subscription generates $250 in revenue per month. Package A incurs an operational cost of $200 per subscription. Package B: Designed for large enterprises, offering advanced features such as enhanced security, data analytics, and unlimited storage. Each subscription generates $500 in revenue per month. Package B incurs an operational cost of $300 per subscription. CloudOptima has a limited server capacity that can support up to 1,200 total subscriptions per month. Additionally, the company has budgeted $400,000 per month for operational costs, which include maintenance, customer support, and server management. In addition, the company is bind by the government contract to sell at least 100 of Packages A and no more than 800 of Packages B. Objective:On a spreadsheet, ‘Production Analysis,’ determine the optimal number of Package A and Package B subscriptions CloudOptima should sell to maximize profit, given the server capacity and operational budget constraints. Note: Total profit is the total revenue minus the total cost.

What term best describes the process of extracting data from various sources, transforming it into a usable format, and loading it into a database or data warehouse for analysis?

A tech company named “CodeLink” offers a platform that connects freelance software developers with companies looking to hire them for short-term projects. CodeLink facilitates the entire process, from job postings to payment handling, and charges a commission for every successful transaction between developers and companies. What type of business model is CodeLink using in this scenario?

Diseconomies of scale occur when the output increase leads to an increasing average unit cost. 

What term best describes a plan for the firm to achieve a set of market performance goals, e.g., increase market share or objectives?

What term best describes a business model where a company acts as an intermediary between buyers and sellers, facilitating transactions and earning revenue through commissions or fees?  

What term best describes the process of transforming raw data into meaningful insights using tools and techniques for analysis and reporting that assist organizations in making strategic, data-driven decisions?  

Match each example with whether it represents “Big Data” or “Not Big Data.” Hint: Use the 4V characteristics of the Big Data to analyze the example and choose the match.

A software company called “DataGuard” specializes in cybersecurity solutions for a broad range of enterprises. The company has decided to position itself as the market leader by offering a unique suite of advanced security features, including AI-driven threat detection and real-time monitoring. These features are significantly more advanced than those of competitors, allowing DataGuard to charge premium prices. The company targets large enterprises that are willing to pay more for top-level security and innovation. Which of Porter’s generic strategies is DataGuard using in this scenario?

What is the formula weight of KCl?